XRP is currently trading at $2.83, experiencing a 24-hour decline of 5.09%. The daily price range has remained narrow, with a high of $2.98 and a low of $2.82, indicating limited volatility in the short term.

Trading volume stands at approximately $6.76 billion, reflecting a Vol/Market Cap ratio of 4.02%, which is relatively low, suggesting that market participants are cautious. The hourly moving averages indicate bearish momentum, with the 8 SMA at $2.89 showing a decline of 2.22%, and the 55 SMA at $2.98 down 4.97%.

The 1-hour RSI at 17 signals that XRP is oversold in the very short term, which could indicate a potential short-term rebound. However, the 7-day RSI at 45 indicates that momentum is still weak, with the asset exhibiting a downward trend over the past week, down 7.25%.

The 14-day and 30-day price changes of -6.82% and -9.97% respectively, highlight a consistent decline, further confirming bearish sentiment. The all-time high for XRP remains at $3.65, reached on July 18, 2025, suggesting there is significant resistance to overcome before reaching previous highs.

In conclusion, despite the potential for a minor recovery due to oversold conditions, the overall trend remains bearish with consistent price declines across multiple timeframes. The current technical indicators and recent price action support a Sell rating, as further downside risk appears more probable in the near term.